Teaching Kids About Money: Financial Literacy and Tax Credits
Episode Overview
The episode explores the unconventional relationships individuals have with money, loved ones, and themselves It emphasizes the necessity of financial literacy for children and teens, especially regarding the child tax credit Rhode Island's groundbreaking move in mandating financial literacy as a required class for all high school students is discussed The hosts share practical tips for teaching children about money, creating a foundation for financial responsibility, and the importance of financial education The episode highlights the significance of ongoing financial conversations at home, in schools, and communities
One of the greatest gifts is putting your head down, going hard to work for something and attaining it. This financial sobriety thing we're doing? It certainly isn't a traditional conversation about money.
Have you ever wondered how to teach your kids about money in a way that sticks? In this episode of 'Financial Sobriety', hosts Matthew Grishman and Jim Gebhardt revisit a crucial topic: financial literacy for children and teens. Originally aired during the distribution of Child Tax Credits, this conversation is more relevant than ever. It's not just about the credits; it's about making sure young people understand money from an early age.
Matthew and Jim dive into practical tips on how to make financial education a part of everyday life, whether at home, in schools, or within the community. They also highlight Rhode Island's pioneering move to make financial literacy a mandatory subject for high school students. If you're looking for ways to equip your children with the knowledge they need to manage money wisely, this episode is packed with actionable advice and thoughtful discussion.
Don't miss out on this chance to catch up on an essential topic that can shape your child's future.